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Barchart
Barchart
Sushree Mohanty

1 Outstanding Growth Stock to Buy and Hold Over the Next Decade

ASML Semiconductor Mistral

Amid the ongoing artificial intelligence (AI) revolution, this Dutch lithography equipment maker is emerging as a critical behind-the-scenes player in the global semiconductor industry. ASML Holdings (ASML) doesn’t manufacture chips. But it designs and manufactures photolithography machines, which chipmakers use to create advanced semiconductor chips.

Valued at $346.8 billion, ASML stock has gained 52% year-to-date (YTD), outperforming the broader market gain. As demand for AI, data centers, and high-performance computing accelerates, this Dutch tech giant looks poised to deliver strong growth for years to come.

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